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Tata Steel Ltd. (TATASTEEL)

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Tata Steel Ltd. (TATASTEEL) reported consolidated revenue from operations of ₹60,794 crore for Q1 FY2027, the quarter ended 30 June 2026, up 14.3% on the same quarter a year earlier. Profit after tax was ₹2,385 crore, up 18.8% on the year, and earnings per share ₹1.86. The figures are the company's own, from the un-audited results it filed with NSE on 30 July 2026.

Revenue from operations₹60,794 croreup 14.3%
Profit after tax₹2,385 croreup 18.8%
EPS₹1.86
QuarterQ1 FY2027ended 30 June 2026

Ratios

From the filings

ROE11.0%
OPM15.1%
Net margin4.7%
Net debt to equity0.81
Debt to equity0.80
Promoter holding32.9%
Promoter pledgedn/a
FPI holding19.4%
Sales CAGR, 3 years-1.6%
Profit CAGR, 3 years10.5%
EPS, TTM₹8.85
Dividend payout41.2%

At the close of 22 September 2026

Price₹184.97
Market cap₹2,29,822 cr
Stock P/E20.90
Price to book2.25
EV / EBITDA8.32
Dividend yieldn/a
Market cap / sales0.96
52-week high₹221.13
52-week low₹160.67
Price, 1 year7.9%
Price CAGR, 3 years13.4%
Price CAGR, 5 years7.0%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, NSE, security-wise price and volume, here, for bonus issues and splits, from the exchange's corporate actions. Nothing here is a valuation or a view.

Price, 17 September 2021 to 22 September 2026

Daily closes from NSE, security-wise price and volume, here, for bonus issues and splits, from the exchange's corporate actions; the last is 22 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TATASTEEL

Announcements179 to NSE in twelve months; latest 18 September 2026, pendency of litigation(s)/dispute(s) or the outcome impacting the company
Corporate actionsdividends of ₹4.00 per share went ex in twelve months; latest action dividend - rs 4 per share, ex 12 June 2026
Calendarnothing dated ahead; last listed 30 July 2026, board meeting intimation
Shareholder votes20 resolutions across 3 meetings: 0 failed, 0 with ten percent or more against; latest 2 July 2026
Shareholding patternpromoters 32.94% at 30 June 2026, down 0.25 points on the quarter; mutual funds 14.71%, FPIs 19.37%
Insider trading disclosuresnone on NSE in twelve months
Documents17 annual reports, 5 investor presentations, 40 call notices or transcripts, the rating letters
Bulk and block dealsnone reported in twelve months

Quarterly results, the last 12 quarters

Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026Q1 FY2027
Sales55,68255,31258,68754,77153,90553,64856,21853,17858,68957,00263,27060,794
Expenses55,85353,35156,49752,38952,33252,11854,16850,34754,46153,59958,50256,940
Operating profit4,2686,2646,6016,6946,1415,9036,5597,4288,8978,2009,8299,264
OPM %8%11%11%12%11%11%12%14%15%14%16%15%
Other income228228176260599221461289364501248233
Interest1,9591,8811,8421,7771,9711,8041,7891,8521,7751,7471,7921,771
Depreciation2,4802,4222,5682,5352,5972,5692,7202,7442,8933,0493,2683,640
Exceptional items-6,899-334-594-35818-126-389-132-420-140-340-345
Profit before tax-6,8421,8551,7722,2842,1901,6252,1232,9874,1723,7654,6763,741
Tax %n/a76%71%64%64%85%47%35%25%30%39%39%
Net profit-6,5115225559197592951,2012,0073,1832,7302,9652,385
EPS in ₹-₹5.08₹0.42₹0.49₹0.77₹0.67₹0.26₹1.04₹1.67₹2.49₹2.16₹2.34₹1.86
FilingNSENSENSENSENSENSEFilingFilingFilingFilingFilingFiling

₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company.

Profit and loss, 10 fiscal years and the trailing twelve months

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Sales1,16,6831,33,0161,57,6691,39,8171,56,2942,43,9592,43,3532,29,1712,18,5432,32,1402,39,756
Expenses1,11,1571,22,5891,43,2881,38,3281,42,6301,95,0322,26,6862,24,2552,11,0062,16,9092,23,502
Operating profit11,19821,89129,38317,46330,50463,49032,30022,30625,29834,35236,189
OPM %10%16%19%12%20%26%13%10%12%15%15%
Other incomen/a9091,4211,8438967851,0371,8091,5411,4021,346
Interestn/a5,5027,6607,5337,6075,4626,2997,5087,3417,1677,085
Depreciation5,6735,9627,3428,4419,2349,1019,3359,88210,42111,95512,850
Exceptional items4,3249,599-121-3,752-1,043-134113-7,814-855-1,032-1,246
Profit before tax2,46620,93615,910-23213,51649,57817,817-1,0898,22215,96916,354
Tax %113%16%42%n/a42%17%57%n/a64%32%33%
Net profit-4,17617,7639,0981,1728,19041,7498,075-4,9103,17410,88611,264
EPS in ₹-₹44.77₹128.12₹87.75₹11.86₹63.78₹332.35₹7.17-₹3.62₹2.74₹8.65₹8.85
FilingNSENSENSENSENSENSENSENSEFilingFiling

₹ crore except per share, consolidated, from the audited results for each year, linked. Operating profit, OPM and tax % are arithmetic on the filed lines. TTM is the sum of the last four quarters.

Balance sheet at year end

FY2025FY2026TTM
Equity capital1,2471,2471,247
Reserves89,9221,00,9201,00,920
Equity, owners of the parent91,1701,02,1681,02,168
Non-controlling interest1831,6131,613
Borrowings94,80192,38292,382
Total liabilities1,88,0421,97,4741,97,474
Fixed assets1,33,3031,59,9511,59,951
Capital work in progress40,60227,51027,510
Goodwill and intangibles17,61119,95719,957
Investments3,2234,1454,145
Inventories44,59047,24947,249
Receivables5,2604,9174,917
Cash and bank balances11,64710,05810,058
Total assets2,79,3953,01,2543,01,254
FilingFilingFiling

From the statement of assets and liabilities in the audited fourth-quarter filing, which the exchange carries from FY2025; the TTM column is the latest half-year or year-end statement. Borrowings, investments and cash each add the current and non-current lines as filed.

Cash flows

FY2025FY2026
Cash from operating activities23,51235,064
Purchase of fixed assets15,67114,559
Free cash flow7,84120,505
Cash from investing activities-14,173-14,905
Borrowings raised20,89315,954
Borrowings repaid17,59723,897
Dividends paid4,4904,490
Interest paid8,1198,066
Buyback00
Cash from financing activities-7,002-21,387
Net change in cash2,524-720
FilingFilingFiling

From the cash flow statement in the audited fourth-quarter filing, which the exchange carries from FY2025. Free cash flow is cash from operations less the purchase of fixed assets, arithmetic on the two filed lines.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a8.2%-1.6%10.5%
Profit growth, compoundedn/a5.9%10.5%164.2%
Return on equity, average-20.6%10.4%2.9%10.7%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net profit over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the owners' equity from the balance sheet, or paid-up capital plus reserves where the older feed carries only those. Arithmetic on filed numbers, nothing forecast.

Segments, Q1 FY2027

SegmentRevenue
₹ crore
Share
of segment revenue
Result
₹ crore
Result
over revenue
Tata Steel India36,89746.0%9,40925.5%
Neelachal Ispat Nigam Limited1,7122.1%49829.1%
Other Indian Operations4,3955.5%43910.0%
Tata Steel Netherlands Operations15,80319.7%390.2%
Tata Steel UK Operations6,1157.6%-341-5.6%
Other Trade Related Operations12,68915.8%-127-1.0%
South East Asian Operations2,3462.9%1948.3%
Rest of the World3400.4%-311-91.5%
Inter Segment Eliminations-19,503n/a-431n/a

Segment revenue and segment result as the company filed them, before inter-segment eliminations; share and result over revenue are arithmetic on those.

Shareholding pattern

Quarter
ended
PromoterChange
points
Of it
encumbered
Mutual
funds
FPIsInsurersDomestic
institutions
Retail
to ₹2 lakh
HoldersFiling
30 June 202632.94%-0.25n/a14.71%19.37%9.47%26.62%16.01%5,179,576XBRL
31 March 202633.19%+0.00n/a14.47%19.05%10.07%26.85%15.92%5,221,338XBRL
31 December 202533.19%+0.00n/a14.64%17.96%10.23%27.16%16.53%5,359,971XBRL
30 September 202533.19%+0.00n/a14.37%17.78%10.83%27.09%16.78%5,505,581XBRL
30 June 202533.19%+0.00n/a13.25%17.72%11.08%26.25%17.65%5,823,942XBRL
31 March 202533.19%+0.000.00%12.04%18.78%11.06%24.67%18.10%6,025,709XBRL
31 December 202433.19%+0.000.00%11.69%19.04%10.55%23.70%18.75%6,159,779XBRL
30 September 202433.19%n/a0.00%10.62%19.95%10.63%22.84%18.63%5,987,139XBRL

Percentages are of the total share count, as the company filed them under Regulation 31. Encumbered is the part of the promoters' own holding that is pledged, under a non-disposal undertaking or otherwise encumbered. All domestic institutions includes mutual funds, insurers, banks, pension funds and AIFs. Retail is resident individuals holding up to ₹2 lakh of nominal capital. Each row links to the filing.

The shareholding pattern, quarter by quarter, on its own page

Peers: Metals & Mining

CompanyMarket capP/EROEOPMSales growth
TTM
PromoterDiv. yield
Adani Enterprises Ltd. ADANIENT₹4,05,479 cr47.179.3%14.1%14.9%72.0%n/a
JSW Steel Ltd. JSWSTEEL₹3,09,839 cr12.4828.0%16.7%13.5%44.3%n/a
Hindustan Zinc Ltd. HINDZINC₹2,49,505 cr14.6275.4%56.1%38.8%60.7%n/a
Tata Steel Ltd. TATASTEEL₹2,29,822 cr20.9011.0%15.1%10.5%32.9%n/a
Hindalco Industries Ltd. HINDALCO₹2,08,106 cr13.1712.0%13.8%20.3%34.7%n/a
Jindal Steel Ltd. JINDALSTEL₹1,16,392 cr42.705.3%16.5%16.5%62.7%n/a
Vedanta Ltd. VEDL₹1,02,843 cr10.9857.5%30.6%-25.1%54.7%n/a

The names on this site in the same industry (the exchange's industry for the index), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
Quarterly results30 June 202630 July 2026NSE
Quarterly results31 March 202615 May 2026NSE
Quarterly results31 December 20256 February 2026NSE
Quarterly results30 September 202512 November 2025NSE
Quarterly results30 June 202530 July 2025NSE
Quarterly results31 March 202513 May 2025NSE
Quarterly results31 December 202427 January 2025NSE
Quarterly results30 September 20246 November 2024NSE
Quarterly results30 June 202431 July 2024NSE
Quarterly results31 March 202429 May 2024NSE

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